find the compound interest when the principal is 7000 the rate of interest is 6% per annum and the period is 2 years
Answers
Answered by
17
Answer:
amount=p(1+r/100)^n
=7000(1+6/100)^2
=7000(106/100)^2
=7000×106/100×106/100
=₹7875.2
CI=A-P
=7875.2-7000
=₹875.2
Answered by
1
Answer:
hope you got it this is all
Attachments:
Similar questions